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Withdrawal of participation in Oil Prospecting Licence 233

SacOil shareholders (“Shareholders”) are advised that, in line with SacOil’s strategy to focus on proven resources as a basis for growth, the Company has embarked on a process of balancing and rationalising its portfolio of assets. The aim of the rationalisation is to restructure the Company’s future capital requirements – focusing on cash generative assets and low risk exploration assets.

In compliance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists, that the financial results for the next period to be reported on are likely to vary by more than 20% from the previous corresponding period.

Shareholders are advised that the Company expects earnings per share and headline earnings per share for the year ending 28 February 2015 to be at least 20% lower than that of the prior comparative period.

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) LOAN SETTLEMENT AGREEMENT SacOil is pleased to announce that it has entered into a settlement agreement (the “Settlement Agreement”) with Energy Equity Resources Norway Limited (“EERNL”) relating to…

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Termination of participation in Oil Prospecting Licence 281

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9, an issuer who has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

FURTHER CAUTIONARY ANNOUNCEMENT

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 an issuer that has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

With reference to the cautionary announcements, the last of which was published on 2 February 2015 on the Stock Exchange News Service of the JSE and on the Regulatory News Service of the London Stock Exchange, SacOil shareholders (“Shareholders”) are advised that the Company is still in the process of considering its portfolio rationalisation, which, if successfully concluded, may have a material effect on the price of SacOil ordinary shares (“Shares”).

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) CHANGE OF ADDRESS SacOil announces that its registered office address has changed from 2nd Floor, The Gabba Dimension Data Campus, 57 Sloane Street, Bryanston, 2021, Gauteng to No.12,…

Further Cautionary Announcement

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 an issuer that has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

SacOil Holdings Limited (“SacOil”) through its subsidiary Mena International Petroleum Company Limited (“Mena”) is pleased to announce the successful on-time completion of phase 1 of the field development operations at the Lagia oil field in Sinai, onshore Egypt.

SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited (“Mena”), is pleased to announce the commencement of field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt.